Evelyn Boros, Credit Cards Moderator
@evelyn_boros
The minimum payment for Credit One credit cards is $30 or 5% of the statement balance, plus past-due amounts - whichever is higher. If the statement balance is less than $30, the Credit One minimum payment will be equal to the balance. In addition, if you recently missed a payment, Credit One may add a late fee to your minimum payment.
The Credit One minimum payment is the smallest amount you’re required to pay by the due date to keep your Credit One account in good standing. You should keep in mind that failure to pay at least this amount by the due date may result in a late fee. Also, your credit score will also take a hit if you miss multiple minimum payments.
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